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The Tariff Act of 1890, commonly called the McKinley Tariff, was an act of the United States Congress, framed by then Representative William McKinley, that became law on October 1, 1890. [1] The tariff raised the average duty on imports to almost 50%, an increase designed to protect domestic industries and workers from foreign competition, as ...
Carlos Holguín became President of Colombia upon his election by Congress as Presidential Designate, the first time in 1888 and the second time in 1890. Thus, he ruled as president between 1888 and 1892, to complete the six years presidential term of President Rafael Núñez .
President Grover Cleveland summoned an emergency session of Congress on August 7, 1893, for the repeal of the act to prevent the further depletion of the government's gold reserves. [8] In 1890, the price of silver dipped to $1.16 per ounce. By the end of the year, it had fallen to $0.69. By December 1894, the price had dropped to $0.60.
Colombia’s president said the country would impose its own 25 percent tariff on goods coming from the U.S. Later on Sunday, the White House confirmed the two sides came to an agreement as ...
Democrats campaigned energetically against the high McKinley Tariff of 1890, and scored sweeping gains that year; they restored Cleveland to the White House in 1892. The severe depression that started in 1893 ripped apart the Democratic party. Cleveland and the pro-business Bourbon Democrats insisted on a much lower tariff. His problem was that ...
Rafael Núñez Moledo, the first president, was actually inaugurated in 1884 as the 14th and last president of the United States of Colombia for a two-year constitutional term; in this capacity he was appointed by the National Constituent Assembly of 1885 to serve a new six-year term while the assembly drafted, passed, signed, and implemented a ...
MEXICO CITY (Reuters) -Mexico's President Claudia Sheinbaum said on Thursday she and U.S. President-elect Donald Trump had agreed to maintain a good relationship in a friendly phone call that ...
Colombia’s President Gustavo Petro, a former leftist guerrilla who campaigned as a moderate, has not yet completed his first month in office. But his first steps on the foreign-policy and human ...